FWD Hong Kong has reported new business single premium surge of nearly 70% in 2025, ranking third in Hong Kong Solidifies position as a top five pan-Asian insurer in Hong Kong
Provisional statistics from the Insurance Authority of Hong Kong on Hong Kong Long-Term Insurance Business for the period, January to December 2025 revealed that new business first year premium (FYP) increased by 59% y-o-y and new business annual premium equivalent (APE) increased by 41% y-o-y, both outperforming the industry average growth of 51% and 38% respectively.
New business single premium increased by 68% y-o-y, ranking third in Hong Kong whilst new business FYP for participating insurance products ranked third in Hong Kong.
FWD Managing Director of Greater China and CEO of Hong Kong Ken Lau said that the strong performance of its participating products underscores a balanced portfolio that excels in both health protection and wealth management.
“Our tied agency force also expanded by 11% y-o-y, more than five times the industry average, reflecting our commitment to expanding the team and our confidence in future growth. As we solidify our position as a top five pan-Asian insurer by business scale in Hong Kong, we will continue to stand by our customer-led approach, bridging protection gaps with innovative products, and changing the way people feel about insurance," he said.